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  • Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    April 10, 2004 - 11:15 am

    Steve
    Yes I do have a construction loan and so far this will be my only loan.
    Thanks
    Martine

    Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    April 10, 2004 - 11:09 am

    Really enjoyed the laugh
    Martine

    Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    April 10, 2004 - 7:04 am

    Thanks Guy for your comments, I will continue to obtain as much information as I can and try hard not to over burden myself, at the moment I can easily repay the loan even without any tenants over the whole of the loan period even if interests go up but I am really looking to be self funded retirees and only have 15 years to do this.
    As you can see I am a novice (newby) and need all the advice I can get.
    Once again thanks
    Martine

    Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    March 14, 2004 - 7:39 am

    Thanks Terry
    For the words of encouragement I am now ready to tackle another.
    Regards
    Martine[:D]

    Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    March 10, 2004 - 11:42 pm

    Thanks for the advise Mel
    I will look at the figures and read Steve’s book again to get an idea on which cashflow this property will generate
    Regards
    Martine[:D]

    Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    March 10, 2004 - 8:38 am

    Thanks Lucifer
    My intensions are to build and hold for about 10 years after this time I am not sure, but if the worst came to the worst I could continue to pay for the negatively geared property.
    I guess I will give it a go and if it doesn’t work then I could always sell.
    Thanks again
    Martine[8)]

    Profile photo of MartineMartine
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    @martine
    Join Date: 2004
    Post Count: 38
    March 9, 2004 - 12:46 pm

    Crj
    Thank you, I never thought of my investment attempts in this manner.
    This is really a great site to gain advise and encouragement.
    Martine[:)]

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